Bitcoin Celebrates 17th Anniversary Amid Market Transition Signals
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 03 2026- Market Transition Signal: Bitcoin's supply in profit is nearing 69%, indicating a market transition phase, as historical data shows that profit levels above 80% often correlate with strong bull markets, potentially influencing investor decisions.
- Investor Dynamics: An early Ethereum investor recently swapped 14,146 ETH valued at $44.3 million into 492 wrapped Bitcoin, reflecting shifts in market sentiment and indicating that large holders are adjusting their asset allocations in response to market volatility.
- Bitcoin's Market Position: Currently trading around $89,730 with a market capitalization of approximately $1.79 trillion, Bitcoin maintains its leadership in the digital asset market despite facing geopolitical risks and fluctuations in market demand.
- Long-term Investment Considerations: As Bitcoin celebrates its anniversary, investors are reassessing its role in long-term portfolios, particularly in the current market environment where the asset's openness and decentralization remain central to discussions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
